16- 1 Royalwood Court, Hamilton
Hamilton
$585,990
Cash flow, cap rate & mortgage breakdown
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Listed by iCloud Realty Ltd.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this move-in ready end-unit townhouse, ideally situated in a well-maintained townhome community in a highly desirable location. Offering 3 spacious bedrooms, 2.5 bathrooms, and a fully finished basement, this home is perfect for first-time buyers, growing families, downsizers, or investors seeking exceptional value.Lovingly maintained, this home showcases true pride of ownership and is in excellent condition. Tucked away at the end of the street, this private end unit is surrounded by green space, providing additional outdoor room to enjoy along with a peaceful, secluded setting.Conveniently located just minutes from the QEW, commuting is effortless while still enjoying the benefits of a family-friendly neighbourhood. Walk to nearby schools, parks, shopping, restaurants, and everyday amenities. A beautiful community park is only a two-minute walk away, making it an ideal location for families and outdoor enthusiasts alike.This is an incredible opportunity to own a well-cared-for home in a fantastic neighbourhood that combines privacy, convenience, and outstanding value. Simply move in and enjoy everything this wonderful home has to offer. Basement has rough in already in place to add kitchen or washroom additions.
MississaugaInvestor.ca
16- 1 Royalwood Court
Condo Townhouse · 3bd/3ba · ~1,300 sqft
$585,990
Cash-Flow Report · July 31, 2026
Cap Rate
1.82%
Monthly Cash Flow
-$1,807/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-16.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,697 |
| Property Tax | −$615 |
| Insurance | −$225 |
| Condo Fee | −$407 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,807/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$7,383 |
| Insurance | −$2,700 |
| Condo Fee | −$4,884 |
| Annual NOI | $10,683 |
| Cap Rate | 1.82% |
Cash Required to Close
| Down Payment (20%) | $117,198 |
| Ontario Land Transfer Tax | $8,195 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $128,393 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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